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TVS Motor shares tumble 3% after Q4 results

TVS Motor Company's shares declined 3% following Q4 results that, despite a 76% YoY jump in standalone net profit to Rs 852 crore and a 17% rise in revenue to Rs 9,550 crore, disappointed investors. While the company reported its highest-ever operating EBITDA, concerns linger regarding investments in subsidiaries and challenges adapting to Euro 5+ norms for Norton bikes.
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